The New York Observer is reporting this morning that CNBC’s Jim Cramer is developing a reality television show where people would receive a certain amount of money to invest and the winner would be the one that showed the biggest return on their investment.
The Observer writes: “King of Wall Street, as the show is presently called, is being conceived on the West Coast and is based loosely on the formula of The Apprentice, according to two sources familiar with the plans.
“The show, if made, would air on CNBC or NBC.
“In an early blueprint, a group of contestants would be given a certain amount of money to invest. Then, as in life, whoever makes the most money wins.
“Naturally, there would be diversions along the way—games and contests, in which the business-savvy participants will try to sell stock to monkeys or compete for who can go the longest without hitting on CNBC ‘Money Honey’ Maria Bartiromo.”
Cramer and a CNBC spokesman declined comment.
I am not a big fan of reality TV shows in the first place, but this one doesn’t sound that interesting. Then again, I’m probably not the target demographic.
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